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Although it’s impossible to predict the future, the onslaught of technological advances we have witnessed in recent years suggests blockchain-powered games will play a major role in the gaming landscape in years to come. While gaming has always been immersive, entertaining and, yes, addictive, the ability to furnish players with tangible economic opportunities and rewards has turned a fun pastime into a career for many. This development is something even the PlayStation pioneers couldn’t have predicted.So often linked to the fortunes of the wider cryptocurrency market, the exciting realm of GameFi (Gamified Finance) and the metaverse is, in fact, its own…
Voice, a prominent NFT marketplace, has announced its decision to cease operations in the coming months amid continued uncertainty in the NFT space. In a recent series of tweets, Voice announced that the marketplace would soon be suspending new user registrations and ceasing trading activities entirely. Voice has assured its users that existing assets will remain secure until December 2024 before they can be moved to EOS, Polygon or Ethereum. The marketplace’s tweets reflect optimism about the potential of the Web3 sector, despite the current downturn in the NFT market. Voice said in a tweet that its team would not…
The popular Web3 card game Gods Unchained is introducing a new permanent game mode: “Sealed Mode”. Launching on September 14th, this mode promises an exciting challenge that tests new and seasoned players’ strategic skills. Now, success depends more on your strategy than your collection’s strength. Let’s dive into the details of this fresh addition to the Gods Unchained world.Unsealing Sealed ModeAccording to the creators, Sealed Mode offers a varied and exciting gaming experience. Players will have a choice of three randomly selected Gods to play with. They will also receive 60 cards from three domains to craft a well-rounded and…
Remilia Corporation, a digital art and non-fungible token (NFT)-related business, has filed a lawsuit against three independent contractors whom it accuses of siphoning $1 million from the company. Founder Krishna Okhandiar denied claims the three had at any point “sought equity shares in Remilia while negotiating their contracts.” Trio ‘Failed to Perform at an Adequate Level’ Remilia Corporation, a digital art and non-fungible token (NFT)-related business, has filed a lawsuit against three individuals accused of illegally taking control of the company’s revenues. In the lawsuit filed with the U.S. District Court of Nevada, Remilia and founder Krishna Okhandiar allege that…
The Genesis, which is basically an NFT collection from Legend and Chiliz’s collaboration, will be the initial project that will be positioned on the Chiliz Chain. They have created an exceptional offer for the Chiliz community to commemorate the occasion. For a start, the NFT collection will be at the Chiliz members’ disposal, who will receive a signed Everton 22/23 Official Jersey. The additional benefits that owners of The Genesis will be entitled to receive include hefty discounts and unique prizes. They will have the opportunity to get a head start on connecting with the most recent collections. There will…
Fresh off its $1 million migration to the Bitcoin blockchain, the OnChainMonkey Ordinals project has completed one of its biggest sales to date, Announced Wednesday, the artwork, part of the OCM Dimensions collection unveiled in June, sought to demonstrate the unique attributes of Bitcoin Ordinals when compared to less secure crypto NFTs. As an example, the 300 OCM Dimensions Ordinals were minted on 300 consecutive satoshis, using the numbering system defined by the Ordinals protocol. Further, the first 300 Ordinals were inscribed on satoshis mined in Block 78, one of the oldest Bitcoin blocks to see the value it unlocked…
Hugely popular farming and exploration romp, Pixels, has announced that it will leave Polygon in favor of the Ronin Network. This marks the latest title to put its faith in Sky Mavis’ very own custom-built gaming blockchain.The move represents a major coup for the Ronin network, which has been busy expanding its empire in recent months. Now, it will inherit 1.5 million monthly transactions, 100k active wallets, and 5k daily users to add to its mighty portfolio.Through Pixels, Web3 gamers can embark on adventures of the farming and exploration kind. Essentially, allowing players to cultivate resources, build their own personal…
The United States Securities and Exchange Commission (SEC) charging nonfungible token (NFT) project Stoner Cats sparked feedback from commissioners Hester Peirce and Mark Uyeda, arguing that the project’s activity constitutes fan crowdfunding, which they believe is common for artists. On Sept. 13, the SEC charged Stoner Cats 2 LLC, the firm behind the animated series dubbed “Stoner Cats,” with conducting an unregistered crypto-securities offering using NFTs. Stoner Cats 2 LLC agreed to a cease-and-desist order and other imposed measures by the commission. Making its case, the SEC argued that the NFTs were marketed by the company as having potential for…
In an announcement, Voice disclosed that it would halt operations in the coming months, suspending new user registrations and closing its trading marketplace. Existing user assets, however, remain secure and will have the option to migrate to EOS, Polygon, or Ethereum in a few weeks. These assets will remain accessible on the platform until December 31, 2024. Originally envisioned as a social platform, the company was launched by EOS founder BM in June 2019, earning accolades as an industry-transforming application. Block.one invested $150 million in Voice in 2020, granting it operational independence. By March 2020, Block.one’s total investment in the…
A full 2 years on from its original launch, and the fleet-footed SEC has raced into action to declare the Stoner Cats NFT collection a security. Despite the ruling however, several prominent members of the commission have vocally criticized the move.The celebrity-driven NFT project headed up by Mila Kunis, came unstuck due to the promises it made to holders of its NFTs. As such, the digital collectibles it sold not only offered cartoon artworks and gated access to its TV show, but also a share of revenues. According to the SEC, this tipped the balance into the realms of securities…
